European Central Bank.

(Reuters)

[Compile Lu Yongshan/Comprehensive Report] The Bank of England announced on Thursday that it would raise interest rates by two yards (0.5 percentage points), which was the tenth consecutive rate hike, bringing the interest rate to 4%, and slightly revised up the previous pessimistic economic forecast , suggesting that the rate of interest rate hikes may be slowed down to one yard next; the European Central Bank also raised interest rates by two yards to two yards as expected.

Fives%.

The three major European stock markets, including the United Kingdom, Germany and France, were higher.

The Bank of England issued a statement stating: "The consumer price index (CPI) is expected to fall to about 4% by the end of this year, and the contraction in domestic economic output will be smaller than it was forecast in November last year"; The rhetoric of continuing to "forcefully" raise interest rates to curb inflation.

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Inflation in the UK in December last year was the highest in 41 years in November.

One percent down to ten.

7%, mainly due to the fall in fuel prices, but food and electricity prices remain high, which continues to increase the burden on British households and triggers strikes in many industries.

The Bank of England previously predicted that the UK would enter the longest recession in history, but the economy unexpectedly grew in November last year ○.

1%, the performance in October also exceeded market expectations, showing that the recession will not be so long or severe; however, the International Monetary Fund (IMF) predicted in its latest outlook report that the British economy will shrink this year ○.

6%, becoming the only advanced economy with negative growth.

The European Central Bank also raised interest rates by two yards to two.

5%, and hinted that interest rates will continue to rise in the next few months, but the market is concerned about how much the next rate hike will be.

"Markets are looking for indicators of where interest rates are going and with core inflation still showing a mixed picture, all eyes are on what the ECB does next," said Edward Stanford, head of European equity strategy at HSBC.

According to a Bloomberg survey, analysts predict that the European Central Bank will raise interest rates by two more yards in March and one yard for the last time in May, bringing the terminal interest rate to three.

Twenty five percent.

In addition, the Hong Kong Monetary Authority also raised interest rates by one yard to 5% on Thursday, and warned that interest rates may be higher.

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